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WORLD

Markets rise as deaths slow in hotspots: Virus update

Published on 06/04/2020

» Germany and Spain reported lower numbers of new cases, a tentative sign that lockdown measures are easing the outbreak.

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WORLD

Europe tightens curbs with economic toll worsening: Virus update

Published on 17/03/2020

» Governments in Europe tightened curbs on free movement to stem the outbreak and are exploring ways to ease the financial impact. US Treasury Secretary Steven Mnuchin is rallying Senate Republicans to quickly pass the House package of economic measures. Goldman Sachs Group now expects China’s economy to contract by 9% in the first quarter and Hong Kong’s jobless rate rose to a nine-year high. The Philippines became the first country to shut its markets in response to the widening coronavirus outbreak and some regulators in Europe banned short selling. US equity futures and European stocks reversed gains.

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BUSINESS

New THAI boss envisions turnaround

Business, Chatrudee Theparat, Published on 09/10/2018

» Sumeth Damrongchaitham, 53, was officially appointed last month as president of Thai Airways International Plc (THAI).

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BUSINESS

Regional rail contender

Asia focus, Prangthong Jitcharoenkul, Published on 10/10/2016

» The rail technology leader Bombardier is seeking a stronger presence in Asia through its headquarters in Bangkok, says the company's vice-president for Asia Pacific.

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THAILAND

We are not that bad, says Nok Air boss

Business, Boonsong Kositchotethana, Published on 10/10/2016

» Nok Air boss Patee Sarasin insists the airline has all it takes to be a healthy and prudent carrier in the face of criticism over its performance, with flight delays being the latest setback that have many casting doubts about its future.

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BUSINESS

Nok Air rehab centred on China

Business, Boonsong Kositchotethana, Published on 24/05/2016

» Beleaguered Nok Air is turning the corner with a recovery plan set in motion and a balance-sheet turnaround is expected this year-end.